Where is the world’s largest soybean biodiesel plant located?
Used to store and ship grains, produce soybean oil, flour and biodiesel, LDC’s General Lagos plant was completed 25 years ago. And since then, the facility located in Argentina’s Santa Fe province, where the Paraná and Salado rivers meet, has become the world’s largest soybean biodiesel production plant.
What is the production capacity of General Lagos industrial complex?
Our General Lagos industrial complex has two soybean crushing lines for the production of oil and meal, with annual crushing capacity of 2.5 million tons. It also has two production lines to process soybean oil for biodiesel, with annual production capacity of 600,000 tons.
How much do soybeans cost in Lagos?
Using Ogun state as the benchmark, the prices of soybeans fell by 15 percent with an average of 12 percent fall across all southwestern states. The price of a 100kg bag that went for ₦22,000 to ₦23,000 has fallen to around ₦18,000. However, prices obtainable in Lagos are slightly higher – the price ranges from ₦19,000 to ₦21,000.